If you are thinking about opening a new bank account or securing a new credit card, bank bonuses and promotions can offer you some free money during the process.
Truist Bank, along with various other banks, provides seasonal and ongoing bonuses and promotions for personal and business clients.
I have previously had Truist consumer bank accounts and have fulfilled several of the bonuses listed below.
Truist provides bonuses on their consumer and business products and typically is quite generous, working to grow their deposit base after the merger of SunTrust and BB&T into Truist.
Current Truist Bank Bonuses
Here are the present Truist promotions and bonuses you can benefit from today:
Truist One Checking: $400 Bonus
Truist provides a $400 bonus for new accountholders who open a Truist One Checking personal checking account. Taking advantage of this offer is straightforward.
The qualifying checking account must be opened online, and the mailing address needs to be in AL, AR, FL, GA, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV, or DC.
Truist Small Business Checking: $400 Bonus
Truist offers a $400 bonus for accountholders opening either a Truist Simple Business Checking or Dynamic Business Checking account. While many business checking accounts necessitate substantial cash deposits to qualify for the bonus, Truist requires only a relatively small deposit.
The physical address of the business must be in AL, AR, FL, GA, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV, or DC.
Truist Enjoy Travel Credit Card: 20,000 Bonus Miles
The Truist Enjoy Travel credit card competes with several major players in terms of perks and earning potential and carries no annual fee. You can accumulate rewards more quickly than with other cards, and an ongoing promotion can provide up to 20,000 bonus miles, which is equivalent to $200 when redeemed for cash.
Requirements:
1. Apply for and secure the Truist Enjoy Travel credit card.
2. Spend $1,500 within the first three months of account opening.
Current rewards earning structure:
– Earn 2x miles per $1 on airfare, car rentals, and hotels.
– Earn 1x miles per $1 on all other eligible purchases.
– Receive a statement credit of up to $85 for TSA PreCheck® or Global Entry® fees every four years.
A Loyalty Travel Bonus of 10% – 50% is awarded based on your Truist deposit relationship when you redeem your rewards for travel through the rewards program. Points do not expire as long as the account stays open.
FAQs
What are bank bonuses?
Bank bonuses are cash rewards and other incentives offered by banks to customers who fulfill specific criteria. These often include depositing a certain amount of new money into a newly opened account and maintaining it for a certain period. Banks present these promotions to attract new customers or reward existing loyal ones.
What should I be cautious of?
While the lure of free money is enticing, it is vital to grasp the details of any sign-up bonus. Most promotions necessitate several direct deposits into the account within a defined timeframe (typically requiring deposits from an employer or third-party source). Generally, funds need to stay in the account for several months to qualify for the bonus. Some offers are available online, while others may be exclusive to in-branch customers.
Also, be aware that some accounts incur fees, usually charged monthly. The applicable APR rate is crucial, especially once introductory offers conclude.
Each promotion has unique terms and conditions, making it essential to understand the limitations and responsibilities linked with each offer. Information is often available on the bank’s promotion page, but if not, inquire with a bank representative for details.
Is a Truist Bank Bonus suitable for you?
Truist is a great option if you are opening a new account and want to maximize your advantages through bonus offer codes. However, typically, these bonuses are aimed at new customers. If you already possess a Truist consumer account, consult customer service before applying for a new account or card to verify bonus eligibility.
Before opening a new account to secure any bonus, take the time to compare options. Many issuers are currently offering bonuses, and being aware of the requirements can aid you in selecting the best chance. Pay attention to bonus requirements and eligibility to avoid any letdowns. Certain accounts may carry service fees, which are frequently waivable by meeting specified criteria.
Numerous banks have ongoing promotions, but be vigilant about expiration dates as they often change.